Paramount is an impaired asset with a broken deal process, according to top adviser to Disney CEO [Yahoo! Finance Canada]
Apollo Global Management, Inc. (New) (APO)
Last apollo global management, inc. (new) earnings: 5/1 07:00 am
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Source: Yahoo! Finance Canada
"I will say Paramount as a company is quite impaired at this point," Candle Media co-founder Kevin Mayer told Yahoo Finance at the Cannes Lions Festival this week. Mayer is credited with leading the launch of Disney+ and is serving as a close adviser to Disney ( DIS ) CEO Bob Iger on succession planning . He was also briefly the CEO of TikTok after leaving the Mickey Mouse company. "Maybe it will resurrect, but it has a broken deal process and a business that is not doing all that well," added Mayer. ADVERTISEMENT Resurrection is looking tough for Paramount. Last week, Shari Redstone's National Amusements, the controlling shareholder of Paramount, scuttled a deal with David Ellison's Skydance. The last-minute move surprised those involved in the talks and shareholders. President and CEO Paramount Media Networks Chris McCarthy, president and CEO CH. Content Officer George Cheeks, non-executive chairwoman of Paramount Global Shari Redstone, and president and CEO of Paramoun
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APO
Earnings
- 8/2/24 - Miss
APO
Sec Filings
- 9/25/24 - Form 4
- 9/13/24 - Form 4
- 9/10/24 - Form 4
- APO's page on the SEC website